US Stocks Open Higher; Dow Surges 300 Points
U.S. stocks traded higher this morning, with the Dow Jones gaining around 300 points on Tuesday.
Russia Will Likely Propose OPEC+ Reduces Output By Around 1M Barrels/Day At Next Meeting
-Reuters Citing Source Familiar WIth Russian Thinking
Nord Stream Said Damage to Gas Pipeline to Germany is Unprecedented
-Bloomberg
https://www.bloomberg.com/news/articles/2022-09-27/nord-stream-probing-pressure-drop-at-second-russian-gas-link
Cathie Wood Says Powell’s ‘Sledgehammer’ To ‘Slay’ Inflation Way More Powerful Than Volcker’s In 1980s: ‘Fed Could Undermine Its Legacy’
Cathie Wood, the founder of ARK Investment Management, has said the current U.S. monetary policy is significantly more restrictive than in the 1980s when, to kill inflation, former Federal Reserve Chair Paul Volcker had pushed the Fed funds rate up two-fold from 10% to 20%.
Nasdaq Turns Lower; Crude Oil Drops Sharply
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite turning negative on Monday.
2 High-Yielding Stocks That Carl Icahn’s One-Time Right-Hand Man Holds — And You Can, Too
Corvex Management was founded in 2011 by Carl Icahn’s former right-hand man Keith Meister, and saw its assets double by 2013. Activist investor Meister used Icahn’s philosophy of being contrarian and aggressive and he received $1 billion in seed capital from George Soros.
Dow Drops Over 100 Points; Crude Oil Rises Over 1%
U.S. stocks traded mixed midway through trading, with the Dow Jones dropping more than 100 points on Monday.
US Stocks Mostly Higher; Nasdaq Rises Over 100 Points
U.S. stocks traded mostly higher this morning, with the Nasdaq Composite gaining more than 100 points on Monday.
Dow Hits New 2022 Low; Gold Falls Sharply
U.S. stocks extended losses toward the end of trading, with the Dow Jones dropping to a fresh low for the year.